v3.3.1.900
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]                      
Net sales $ 3,879 $ 3,631 $ 3,858 $ 3,797 $ 3,778 $ 3,762 $ 4,062 $ 3,897 $ 15,165 $ 15,499 $ 15,051
Operating expenses:                      
Cost of sales 3,161 2,862 3,076 3,056 3,004 3,041 3,262 3,164 12,155 12,471 12,274
Selling, general and administrative                 1,017 1,036 916
Amortization                 93 94 97
Restructuring 108               177 140 137
Total operating expenses                 13,442 13,741 13,424
Operating income 335 [1] 461 481 446 464 392 462 440 1,723 [2] 1,758 [3] 1,627 [4]
Interest expense                 (127) (135) (143)
Other (expense) income, net                 (88) (8) (18)
Income from continuing operations before income taxes and equity income                 1,508 1,615 1,466
Income tax expense                 (263) (255) (240)
Income from continuing operations before equity income                 1,245 1,360 1,226
Equity income, net of tax                 16 20 15
Income from continuing operations 224 364 369 304 362 313 379 326 1,261 1,380 1,241
Income from discontinued operations, net of tax (3) 54 [5] 298 [5] (75) [5] 6 12 27 15 274 60 60
Net income 221 418 667 229 [6] 368 325 406 341 [7] 1,535 1,440 1,301
Net income attributable to noncontrolling interest                 85 89 89
Net income attributable to Delphi 192 404 645 209 344 305 382 320 1,450 1,351 1,212
Amounts attributable to Delphi:                      
Income from continuing operations                 1,188 1,309 1,170
Income from discontinued operations                 262 42 42
Net income attributable to Delphi $ 192 $ 404 $ 645 $ 209 $ 344 $ 305 $ 382 $ 320 $ 1,450 $ 1,351 $ 1,212
Basic net income per share:                      
Income from continuing operations, per basic share $ 0.71 [8] $ 1.24 [8] $ 1.22 [8] $ 0.99 [8] $ 1.16 [8] $ 1.00 [8] $ 1.19 [8] $ 1.02 [8] $ 4.16 [8] $ 4.36 [8] $ 3.76
Income from discontinued operations, per basic share (0.02) [8] 0.19 [8] 1.02 [8] (0.27) [8] 0.01 [8] 0.02 [8] 0.07 [8] 0.03 [8] 0.92 [8] 0.14 [8] 0.14
Basic net income per share attributable to Delphi $ 0.69 [8] $ 1.43 [8] $ 2.24 [8] $ 0.72 [8] $ 1.17 [8] $ 1.02 [8] $ 1.26 [8] $ 1.05 [8] $ 5.08 [8] $ 4.50 [8] $ 3.90
Weighted average number of basic shares outstanding 279,290 282,970 287,770 290,900 294,110 298,590 302,680 305,850 285,200 300,270 310,820
Diluted net income per share:                      
Income from continuing operations, per diluted share $ 0.70 [8] $ 1.23 [8] $ 1.21 [8] $ 0.99 [8] $ 1.15 [8] $ 1.00 [8] $ 1.19 [8] $ 1.01 [8] $ 4.14 [8] $ 4.34 [8] $ 3.75
Income from discontinued operations, per diluted share (0.02) [8] 0.19 [8] 1.02 [8] (0.27) [8] 0.01 [8] 0.02 [8] 0.07 [8] 0.03 [8] 0.92 [8] 0.14 [8] 0.14
Diluted net income per share attributable to Delphi $ 0.68 [8] $ 1.42 [8] $ 2.23 [8] $ 0.72 [8] $ 1.16 [8] $ 1.02 [8] $ 1.26 [8] $ 1.04 [8] $ 5.06 [8] $ 4.48 [8] $ 3.89
Weighted average number of diluted shares outstanding 281,640 284,400 288,850 291,810 296,930 300,140 303,740 306,890 286,640 301,890 311,800
Cash dividends declared per share $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 1 $ 1 $ 0.68
[1] In the fourth quarter of 2015, Delphi recorded restructuring charges totaling $108 million, which includes employee-related and other costs.
[2] Includes charges recorded in 2015 related to costs associated with employee termination benefits and other exit costs of $37 million for Electrical/Electronic Architecture, $115 million for Powertrain Systems and $25 million for Electronics and Safety.
[3] Includes charges recorded in 2014 related to costs associated with employee termination benefits and other exit costs of $57 million for Electrical/Electronic Architecture, $55 million for Powertrain Systems and $28 million for Electronics and Safety
[4] Includes charges recorded in 2013 related to costs associated with employee termination benefits and other exit costs of $28 million for Electrical/Electronic Architecture, $53 million for Powertrain Systems and $56 million for Electronics and Safety.
[5] In the first quarter of 2015, Delphi recognized an after-tax impairment loss of $88 million within discontinued operations, in the second quarter of 2015, Delphi recognized an after-tax gain on the divestiture of discontinued operations of $285 million and in the third quarter of 2015, Delphi recognized an after-tax gain on the divestiture of discontinued operations of $47 million.
[6] In the first quarter of 2015, Delphi recognized a loss on extinguishment of debt of $52 million.
[7] In the first quarter of 2014, Delphi recognized a loss on extinguishment of debt of $34 million
[8] Due to the use of the weighted average shares outstanding for each quarter for computing earnings per share, the sum of the quarterly per share amounts may not equal the per share amount for the year.